Retirement plan

DAVE'S TREE SERVICE OF ULSTER COUNTY, INC. 401(K) PROFIT SHARING PLAN

Name: DAVE'S TREE SERVICE OF ULSTER COUNTY, INC. - DAVE'S TREE SERVICE OF ULSTER COUNTY, INC. 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: DAVE'S TREE SERVICE OF ULSTER COUNTY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DAVE'S TREE SERVICE OF ULSTER COUNTY, INC. 401(K) PROFIT SHARING PLAN, DAVE'S TREE SERVICE OF ULSTER COUNTY, INC.

DAVE'S TREE SERVICE OF ULSTER COUNTY, INC.EIN 20-5651232Plan #001PY 2023

P.O. BOX 1265 - KINGSTON, NY 12402845-706-7211

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$317K

+57.0% from 2022

Total participants

+33.3% from 2022

Average account balance

$35,203

+57.0% from 2022

Annual return

20.49%

+41.00 pp from 2022

Benchmarks

See 41,776 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort41,776 peers

Snapshot2023

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$437K

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$49K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

83.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$76K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.75%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$42

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2J

Plan features

2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$160

$18 / participant

Other / not subdivided$160100.0%

% of EOY assets

0.051%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$35,203

$96,691-63.6%

$86,656-59.4%

$139,487-74.8%

Participation rate

66.7%

74.4%-7.8pp

71.7%-5.0pp

80.3%-13.7pp

Annual return

20.49%

106.87%-86.4pp

593.09%-572.6pp

373.84%-353.4pp

Employer contribution / active EE

$1,633

$3,267-50.0%

$3,025-46.0%

$4,755-65.7%

Participant deferral / active EE

$6,550

$4,838+35.4%

$4,439+47.5%

$6,713-2.4%

Admin fee / account holder

$18

$6,414-99.7%

$5,619-99.7%

$11,407-99.8%

DAVE'S TREE SERVICE OF ULSTER COUNTY, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DAVE'S TREE SERVICE OF ULSTER COUNTY, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion